NorthPoint Development takes over Logistics Park project

NorthPoint Development will take over as developer of Logistics Park Kansas City in Edgerton, replacing The Allen Group.

The industrial business park is next to the intermodal facility for BNSF Railway Co.

The agreement transferring master developer status to NorthPoint will bump up the start date to Aug. 1 for construction at the 1,000-acre park, Edgerton City Administrator Beth Linn said.

Linn said the Edgerton City Council amended a tri-party agreement among BNSF, the city of Edgerton and Dallas developer The Allen Group at Thursday’s council meeting, transferring developer status to Edgerton Land Holding Co., a subsidiary of NorthPoint.

As part of the amended agreement, Edgerton Land Holding will make a $40 million commitment to developing the facility.

The Allen Group requested the transfer of responsibility to NorthPoint, and the city and BNSF, a subsidiary of Berkshire Hathaway Inc. (NYSE: BRK-A, BRK-B), indicated that they “fully support” the transfer, Linn said.